If you haven’t submitted self-assessment tax returns of 2017/2018, HMRC has released a warning to complete and submit the submission in less than a month.
Angela MacDonald, Director General for Customer Services, HMRC, said: “The self-assessment deadline on 31st January is fast approaching but there is still time for customers to file their tax returns online and on time to avoid any unnecessary penalties.”
Around five millions taxpayers in UK are yet to file their self-assessment returns at the turn of the New Year and to avoid late penalties impositions by HMRC, they are keep releasing the warnings, awareness to residents of the 31st January deadline.
Following are the guidelines you fall under if you require to file a self-assessment tax return with HMRC:
Your household is in receipt of Child Benefit and you had an annual income of more than £50,000 in 2017/18
Please note that this list is not exhaustive. Please seek professional advice if you are unsure whether you are obliged to file a tax return or would benefit from filing a voluntary tax return.
Don’t be late in filing, if you are still not able to figure out how to know if you come under filing, write to us at email@example.com and we will let you know. You can also avail a free consultation session especially for you. Time is key and if you just discovered that you need to file a self-assessment tax return for the 2017/18 financial year, complete and submit it.
Your Brayan & Spencer Associates Accountant can work with you to calculate your tax liabilities, complete your tax return online and submit it using HMRC-approved software. They will even liaise with you on the amounts to be paid and their respective due dates.
This comprehensive service is available for a fixed, competitive price, giving you complete peace of mind. To arrange a free initial consultation on self-assessment ahead of the 31st January 2019 deadline with your local Brayan & Spencer Associates Accountant call 020 7183 5956 or drop us a line using our online enquiry form above.